The Strategic Sourcing Analyst will support the deal life cycle for ESM's Banking and Investments (BISi) Category including overseeing the end-to-end procurement process, contract and price negotiation and support of strategic sourcing engagements.
The Strategic Sourcing Analyst:Owns pipeline of medium complexity sourcing engagements over $250k for assigned category.Supports Category Leads on high complexity engagements.Establishes effective negotiation plans and guides internal clients through contracting process.Partners with Category Leads to establish sourcing execution plans through but not limited to competitive bids, evaluation agreements, supplier consolidation and co-terming.Assists Category Leads with Oracle administrative tasks.Effectively partners with other Category Teams, Supplier Management, Vendor Management Offices, Internal Clients, Third Party Risk Management as needed.Engages with business requestor to identify requirements and formulate them into specific RFx documentation.Ownership of end-to-end competitive bidding processEnsures the application of fair business practices and consistent procurement of products and services.Continually examines ways to raise standards and improve process and procedures while improving the overall performance of ESM.Supports departmental process and technology initiatives.Participates in special projects and performs other duties as assigned.What it takes:
Five years related procurement experience.Undergraduate degree or equivalent combination of training and experiencePreferred experience in OracleStrong MS Office SkillsSpecial Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
We are Vanguard. Together, we're changing the way the world invests.
For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose - and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.
We want to make success accessible to everyone. This is our opportunity. Let's make it count.
Inclusion Statement
Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.